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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Al Bawaba
February 4th, 2013 - 07:45 GMT

Burgan Bank’s Burgan equity fund records significant performance in 2012

Al Bawaba
February 4th, 2013 - 04:45 GMT

Mashreq reports a strong 2012, net profit up by 60%

Poverty has shot up in Iran, where a currency crisis brought on by Western sanctions is adding to people's woes.
February 3rd, 2013 - 01:25 GMT

Iran's rial in the dumps against dollar amid increasing strain from Western sanctions

Only five of the Middle East banks actually show an absolute rise in their brand value for 2013
February 3rd, 2013 - 12:05 GMT

In Middle East, bank brands’ values slide

Banks in the Gulf have capital to spare, and are literally capitalizing on their traditional strengths
February 3rd, 2013 - 11:45 GMT

Gulf banks flush with cash outpace Europeans in MENA — S&P

Consumers want easy, convenient and high-value services at lower costs
February 3rd, 2013 - 09:48 GMT

Jordanians can bank on the web, but branches are a thing of the past - banker

Al Bawaba
February 3rd, 2013 - 09:14 GMT

NBAD & Qatar Airways Award 3 Tickets to Destination of Choice

Al Hilal Bank
February 3rd, 2013 - 06:32 GMT

Al Hilal Global Sukuk Fund delivers 4.36% dividend

Emirates NBD BB10 Mobile App
February 3rd, 2013 - 04:54 GMT

Emirates NBD launches mobile banking app for BlackBerry10

Egypt's Central Bank has approved a bid by Qatar National Bank to buy a stake in National Societe Generale Bank - Egypt
January 31st, 2013 - 12:06 GMT

Egypt approves Qatari bid for SocGen

Lebanon's deputy Central Bank governor has said that the country's financial system is resilient in the face of challenges
January 31st, 2013 - 10:40 GMT

Lebanese financial system showing "resilience"- Central Bank deputy

Abdulillah Al Haj receiving the award from Ali Al Bustani, ADIB’s Head of Liabilities
January 31st, 2013 - 07:29 GMT

ADIB’s bonus programme rewards “Abdulillah Al Haj” with 2 years’ salary

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